Baggage Insurance

Your luggage is an important accessory, which contains all your travel essentials. Whether you’re on a vacation or travelling for work, unforeseen circumstances may leave you with missing or damaged luggage. With Baggage Insurance from Bajaj Finserv, you can avail financial coverage in case of baggage loss, damage or theft.

• Plan Details

  Here are the details of this plan.

• High coverage limit

  The Baggage Insurance policy offers a maximum coverage of up to Rs. 50,000 at a minimal premium of Rs. 599.

• Multiple payment options

  Paying your premium is easy and hassle-free as multiple payment options are available. You can choose to pay the premium through Net Banking, debit/credit cards, UPI, or mobile wallets.

• Easy claim process

  In case your personal baggage is lost, damaged, or stolen, you can file a claim through telephone/email/post and the same is processed within a stipulated timeframe.

• What’s Covered

  Here’s what’s covered in this plan.

• Protection against theft and burglary

  Under this policy, any loss incurred due to theft, burglary, or robbery of your luggage during your journey will be compensated by the insurance company. Hence, if your baggage or any of its contents are stolen, you can claim for the coverage amount.

• Coverage for loss or damage caused by fire, riot, and strike

  This insurance policy for your baggage covers the insured items against fire and associated perils, riots, strikes, terrorist activity, or any other accident resulting in its loss or damage.

• Coverage for family members

  This baggage insurance policy assures protection to you as well as your family members against damage or loss of your luggage occurring because of any of the reasons stated in the policy document.

• What’s Not Covered

  Here’s what’s not covered in this plan.

• Fragile materials

  Any loss or damage caused due to cracking, scratching or breakage of lens or glass, chinaware, marble ware, gramophone records, and other articles of brittle or fragile nature.

• Jewellery and other valuables

  The policy does not cover any loss or damage to jewellery or other valuables.

• Damage during maintenance

  Damage or loss caused as a result of a cleaning, dyeing, repairing, or restoring process to which the baggage is subjected to.

• Loss or damage in transit

  Loss or damage caused to your luggage while being conveyed by any carrier under a contract of affreightment.

• Policy excess

  Except in case of any personal accident, you must pay 5% of the claim amount (subject to a minimum of Rs 25,000 for each claim) as policy excess.

You can buy a baggage insurance policy from Bajaj Finserv online in a few simple steps.

Step 1: Fill the application form with all relevant information like your full name, date of birth, and mobile number.

Step 2: Authenticate your identity by entering the OTP received on your phone number.

Step 3: Complete the payment process using mobile wallet, credit card/debit card, mobile wallet, or any other preferred mode of payment.